Chicago Sun-Times
The scoop from Washington

Sweet: NYC Mayor Bloomberg to introduce Obama at speech. Calling for revamp of financial markets regulations. Obama-Bloomberg ticket?

| 3 Comments

NEW YORK--With the economy faltering, Sen. Barack Obama (D-Ill.) is going to call for some kind of new financial markets regulations in the speech he is to deliver Thursday at The Cooper Union, for the Advancement of Science and Art where he will be introduced by New York City Mayor Michael Bloomberg. Obama is also doing a heavy round of fund-raising in Manhattan today, with at least three events.

UPDATE: Bloomberg just introduced Obama. He noted he has not endorsed yet. (but this won't stop talk today of an Obama-Bloomberg ticket) He talked about how Abraham Lincoln, in the hall we are in, defended his posiiton on slavery 127 years ago. He said he was welcoming "another man from Illinois."

"There will be plenty of opinions of what he has to say, this is New York after all," Bloomberg said." END UPDATE

In the audience here: William Donaldson, the former Securities and Exchange Commission chairman (2003-2005) and former Federal Reserve Board Chairman Paul Volcker (1979-1987.). Obama will be speaking from a podium once used by President Abraham Lincoln.

Obama breakfasted with Bloomberg in December at a restaurant on East 50th, where Obama picked up the tab for the billionaire political independent, a former Republican and Democrat. With Obama aiming at Republicans and independents, his meal with Bloomberg sparked speculation of a joint ticket.

THIS IS A REPRINT OF DEC. 1 SWEET BLOG POST

Sweet column: Obama-Bloomberg? Bloomberg-Obama? Big Apple power breakfast. Obama treats billionaire.

NEW YORK -- Sen. Barack Obama (D-Ill.), who is running for president, breakfasted early Friday at a coffee shop here with New York Mayor Michael Bloomberg, who is eyeing an Independent White House bid.

Obama picked up the tab for the billionaire Bloomberg, paying in cash and leaving a $10 tip on the $17.34 check.

The breakfast came at Bloomberg's initiative -- Obama had a standing invitation to dine with the mayor, Obama's campaign said. For Obama, who is looking to cut into the New York home field advantage of chief rival Sen. Hillary Rodham Clinton (D-N.Y.), breakfast with Bloomberg was a win-win to accept.

They talked about the economy, education, homeland security and global warming, an Obama aide said. The tete-a-tete also fueled political speculators to ponder an Obama-Bloomberg ticket -- or the other way around.

Later Friday, Bloomberg, on his "Live from City Hall" weekly radio show, said he and Obama talked about matters in Washington where a senator or a president can make a difference.

Bloomberg last saw Clinton at a Sept. 11 commemoration, his spokesman said. Clinton did not endorse Bloomberg when he ran.

The two political titans ate at the New York Luncheonette at 135 East 50th St. in midtown Manhattan, where they talked for more than 30 minutes. They were seated at a window table on purpose, to create an ultimate photo opportunity.

Photographers snapped away through the glass, while Obama munched his bacon, eggs over easy and toast and Bloomberg his scrambled eggs and potatoes as they both ignored the choreographed spectacle a few feet away.

Obama spokesman Robert Gibbs and Obama chief strategist David Axelrod waited outside during the Obama-Bloomberg breakfast summit. Gibbs said: "They are two guys that have, I think long believed that we need to end the game-playing in Washington and get something done, frustrated with that type of politics and a desire to turn the page on that, and get some common sense solutions to the problems that are affecting everyday Americans."

The photo op started as a clandestine operation, the second in two days for the Obama campaign. Obama campaign reporters got a cell call and e-mail near midnight with instructions to meet at a midtown Manhattan street corner at 7:15 a.m.

The night before, there was less than 30 minutes notice to Obama scribes to meet in front of a White Castle in Harlem, which turned out to be a staging area for a photo op with the Rev. Al Sharpton and Obama at a nearby soul-food restaurant.

Bloomberg is the one-time Democrat turned Republican who recently declared himself an Independent and is mulling a presidential run, viable for him because he could pour part of his fortune into a White House campaign.

Obama is pitching himself as the candidate who can appeal to the Bloombergs of the nation. He underscored that point in remarks prepared for Friday's appearance at the Democratic National Committee fall meeting in a Washington suburb.

"I'm attracting more Independents and Republicans to our cause than anyone else in this campaign," Obama said.

Not to concede ground, Clinton, a Chicago native, announced Friday the names of her Illinois Steering Committee.

3 Comments

Does Obama really want to remind us of the Carters years with its double digit inflation during Carter appointee Paul Volker's reign at the Fed?

Bloomberg...from conservative democrat to republican to independent running with the far leftist, Obama. Makes a lot of sense to me...very credible candidate.

I'm sure Obama will persuade lots of Jewish voters to turn away from Hillary with Bloomberg on the ticket.(Not)

If that would persuade voters, than Liebermann's support of McCain would have already won over Jewish voters. It hasn't.

I'm a Jewish republican so I know what I'm talking about.

Poor Bloomberg, if he jumps on Obama ticket, it's a loosing ticket. Bloomberg would do better than be with Obama!

What a nasty little opportunist==teaming up with Bloomberg as he STEALS SHAMELESSLY the ideas Clinton put forth while he was on a Rezkovacation.
If Obama costs us the fall election, it's hard to see how we will ever get the Republicans out of office again.

Leave a comment

Get the Sweet widget

More widgets

Video

Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

Stay in touch

About this Entry

This page contains a single entry by Lynn Sweet published on March 27, 2008 7:50 AM.

Sweet: Obama team leveraging Clinton's made-up sniper story. MEMO was the previous entry in this blog.

Sweet: Obama says financial instititions must be forced to manage risk. Pain "trickled up" SPEECH TEXT is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.